Financial & Forex Market Recap – August 6, 2026
Oil’s sharpest rally in weeks rattled markets Thursday as Hormuz doubts resurfaced, lifting crude, yields, and the dollar while stocks fell ahead of Friday’s jobs report.
Read MoreOil’s sharpest rally in weeks rattled markets Thursday as Hormuz doubts resurfaced, lifting crude, yields, and the dollar while stocks fell ahead of Friday’s jobs report.
Read MoreIran says its Hormuz shipping deal with Oman is agreed in principle, but the strait’s full reopening still depends on the U.S. and Iran’s Supreme Leader.
Read MoreMixed labor signals and shifting Fed expectations are setting up Friday’s NFP report as a major test for the dollar.
Read MoreCanada’s jobs report is coming up, and the results could strongly influence BOC policy expectations. Are we about to see another month of steady hiring gains?
Read MoreEUR/CAD is testing a major supply zone while Stochastic rolls over from overbought levels. Is a short-term pullback developing?
Read MoreGold surged and oil eased on Hormuz de-escalation hopes, while a weak ADP report and hawkish Fed pushback left the dollar broadly lower against the majors.
Read MoreSouth Korea may have joined Japan’s yen intervention, adding extra firepower to a coordinated push against persistent dollar strength overnight.
Read MoreNew Zealand’s unemployment rate rose to 5.6% in the June 2026 quarter, up from a revised 5.4% in March. How did NZD react to the report?
Read MoreXAG/USD has triggered a bullish SMA crossover as short-term momentum strengthens. Can buyers deliver the follow-through needed for a breakout?
Read MoreQatar’s draft Hormuz proposal and optimistic U.S. comments sent oil sliding and stocks to fresh records Tuesday, while a mixed JOLTS report left the dollar mostly lower.
Read MoreWe don't stop playing because we grow old, we grow old because we stop playing.George Bernard Shaw